US-China Trade Truce Brings Relief to Global Markets, Says Marcos
Manila: President Ferdinand R. Marcos Jr. on Saturday welcomed the easing of trade tensions between the United States and China, describing it as a positive development for the global economy and for countries like the Philippines. This follows reports that the two economic giants have agreed to a temporary truce on the sidelines of the recently concluded APEC Summit. According to Philippines News Agency, President Marcos mentioned that he received limited details about the talks between President Donald Trump and Xi Jinping. However, early reports indicated that Washington and Beijing have agreed to ‘declare peace for at least a year,’